Eastland Company regularly sells goods to customers who use American City bank credit cards. Credit...
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Accounting
Eastland Company regularly sells goods to customers who use American City bank
credit cards. Credit card sales on July 8 amounted to $1,000 and were subject to a 2% bank fee. Eastland should record sales of:
A. $980.
B. $998.
C. $1,000.
D. $1,020.
E. None of these.
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